HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Borr Drilling Ltd. (BORR) on Wednesday reported fourth-quarter profit of $26.3 million.
On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 10 cents.
The oilfield services company posted revenue of $263.1 million in the period.
For the year, the company reported profit of $82.1 million, or 32 cents per share. Revenue was reported as $1.01 billion.
In the final minutes of trading on Wednesday, the company's shares hit $2.98. A year ago, they were trading at $6.30.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BORR at https://www.zacks.com/ap/BORR
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.